Property summary
This exceptional 0.51-acre commercial property in Mena, Arkansas, presents a unique investment opportunity. Located at 1180 Highway 71 South, 71953, this property boasts a newly rebuilt (2023) 1,250 square foot structure ideal for hospitality use, such as an Airbnb. The home features high-end finishes including granite countertops in the kitchen and bathrooms, a double walk-in shower with granite and tile, and all new kitchen appliances, including a farmhouse sink and double ovens. The property also includes a substantial 40x60 shop with internet access and Govi lighting surrounding both the shop and the home. The picturesque setting overlooks a beautiful lake and several mature pecan trees. The asking price is $595,000. This property offers significant income potential and is ready for immediate use. Detailed specifications are available in associated documents. This is a rare opportunity to acquire a turnkey hospitality business or a luxurious private residence with exceptional amenities in a desirable location. The property is zoned for commercial use.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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